Relmada Therapeutics Shares Gain on Positive Study Results, Financing Agreement

Dow Jones

Mar 09

By Connor Hart

Shares of Relmada Therapeutics jumped after the company said its treatment for non-muscle invasive bladder cancer performed well in a recent trial and would be advanced to late-stage testing.

The stock climbed 51%, to $6.70, in premarket trading Monday.

The biotechnology company said before the bell that its treatment, NDV-01, demonstrated a 12-month complete response rate of 76% during a recent mid-stage study, with a favorable safety profile.

"These 12-month data show the potential durability of NDV-01's clinical response profile," said Raj Pruthi, chief medical officer of oncology.

He added that the interim results provide "meaningful clinical validation of the program" and support the treatment's advancement into a late-stage study.

Relmada separately said Monday it has entered a securities purchase agreement for private investment in public equity financing, expected to result in gross proceeds of about $160 million.

The PIPE financing included participation several firms, including Venrock Healthcare Capital Partners, Commodore Capital and Janus Henderson Investors.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

March 09, 2026 08:30 ET (12:30 GMT)

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Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4007","symbol_name":"制药","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2618626398","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2618626398","pubTimestamp":1773059400,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of Relmada Therapeutics jumped after the company said its treatment for non-muscle invasive bladder cancer performed well in a recent trial and would be advanced to late-stage testing.The stock climbed 51%, to $6.70, in premarket trading Monday.The biotechnology company said before the bell that its treatment, NDV-01, demonstrated a 12-month complete response rate of 76% during a recent mid-stage study, with a favorable safety profile.\"These 12-month data show the potential durability of NDV-01's clinical response profile,\" said Raj Pruthi, chief medical officer of oncology.He added that the interim results provide \"meaningful clinical validation of the program\" and support the treatment's advancement into a late-stage study.Relmada separately said Monday it has entered a securities purchase agreement for private investment in public equity financing, expected to result in gross proceeds of about $160 million.The PIPE financing included participation several firms, including Ven","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4007":"制药","RLMD":"Relmada Therapeutics, Inc.","BK4539":"次新股","LENZ":"Therapeutics","BK4139":"生物科技"},"translate_title":"Relmada Therapeutics股价因积极的研究结果和融资协议而上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LENZ":1.5,"RLMD":0.9},"content_text":"By Connor Hart \n\n\n \n\n\n  Shares of Relmada Therapeutics jumped after the company said its treatment for non-muscle invasive bladder cancer performed well in a recent trial and would be advanced to late-stage testing. \n\n\n  The stock climbed 51%, to $6.70, in premarket trading Monday. \n\n\n  The biotechnology company said before the bell that its treatment, NDV-01, demonstrated a 12-month complete response rate of 76% during a recent mid-stage study, with a favorable safety profile. \n\n\n  \"These 12-month data show the potential durability of NDV-01's clinical response profile,\" said Raj Pruthi, chief medical officer of oncology. \n\n\n  He added that the interim results provide \"meaningful clinical validation of the program\" and support the treatment's advancement into a late-stage study. \n\n\n  Relmada separately said Monday it has entered a securities purchase agreement for private investment in public equity financing, expected to result in gross proceeds of about $160 million. \n\n\n  The PIPE financing included participation several firms, including Venrock Healthcare Capital Partners, Commodore Capital and Janus Henderson Investors. \n\n\n \n\n\n  Write to Connor Hart at connor.hart@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 09, 2026 08:30 ET (12:30 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}